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On July 25, 2017, the Securities and Exchange Commission (SEC) issued a Report of Investigation pursuant to Section 21(a) of the Securities Exchange Act of 1934 (Report) [1] and an Investor Bulletin: Initial Coin Offerings (Bulletin) [2] finally weighing in on whether virtual coins or digital tokens …
[Read more...] about The SEC Addresses Initial Coin Offerings
The latest publication by the National Institute of Standards and Technology (NIST), entitled "Small Business Information Security: The Fundamentals," aims to promote and assist small businesses in their efforts to manage information security risks. Written by Celia Paulsen and Patricia Toth, the …
In speaking to a cybersecurity conference in 2012, then FBI Director Robert Mueller told attendees that there are only two types of companies: those that have been hacked and those that will be. Sadly, with each passing day, those words seem more prophetic. As anyone who follows the news knows, even …
[Read more...] about Companies Can Help Keep Cyber Insurance Prices Reasonable
Businesses are facing increased financial burdens due to the rise in data breaches caused by malicious and criminal attacks. In addition to the obvious costs incurred to detect and fix the effects of a breach, lost business is potentially the most severe consequence. And lost business can translate …
[Read more...] about 9 Things Employees Should Do to Prevent Data Breaches
After hackers steal customers’ credit card numbers or a company’s trade secrets, it is far too late for the corporate chiefs of public relations and information technology to learn one another’s names and responsibilities. That’s why, based on our experience as legal counsel to companies in …
[Read more...] about How a Monthly Lunch Can Protect Your Company in a Data Breach
In recent years, data breaches at some of the world’s largest corporations have made news. But smaller companies are just as vulnerable, and must take steps to protect their data. In addition, businesses that serve as vendors to other businesses face increased scrutiny of their cyber preparations. …
[Read more...] about What Every Company’s Board Must Know About Cybersecurity
Cyber scammers continually innovate new means to extract valuable information from unsuspecting victims. And a new form of cyber fraud is exploiting the close relationship between CEOs and CFOs. Identifying this threat — and the means to prevent it — is important for employees in IT, finance, and …
Data breaches are all over the news, but those stories most often cover high-profile cybersecurity breaches that result from the malicious efforts of hackers or other outsiders. Just as insidious, and more likely to occur, are insider breaches in the form of the theft or disclosure of confidential …
